Compare 529 Plans by Features

Does the sponsoring state exclude the value of an account for state financial aid purposes?

No

No

No

Yes

No

No,, but California excludes 529 plans when considering eligibility for Medi-Cal.

No

No

No

No

No

No

Florida 529 Savings Plans to do not impact Florida Bright Futures Scholarship Awards (the primary state financial aid program in Florida).

Yes

No

No

No

Yes

Yes

Yes

No

No

Yes

No.

No

No

No

Yes

No

Yes

Yes

No

Yes

Yes

No

No

No

Yes, by state regulation.

Yes

Yes

No

No

No

Effective November 1, 2008, money in an Oklahoma 529 plan account is no longer considered in calculating eligibility for TANF, Food Stamps or the Low Income Home Energy Assistance Program (LIHEAP).

No

Yes

Yes

No

No

No

Yes

No

No, however the account is treated as an asset of the student's parent and not as an asset of the beneficiary

No

Yes

Yes

Yes